Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

07 NOVEMBER 2023 AL CIRCLE

India’s Commerce and Industry Minister assures no unfair carbon tax should affect aluminium and steel industry

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Tuesday, November 7, India's Commerce and Industry Minister Piyush Goyal assured the domestic aluminium and steel industry that no unfair taxes in the form of Carbon Border Adjustment Mechanism (CBAM) would be accepted. He said India had already expressed concerns over the carbon tax with the European Union (EU) and the World Trade Organization (WTO).

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He said at a function of the steel industry, "I will assure you that we are extremely concerned about CBAM...We are taking it up with the WTO very very seriously. We shall try to work and fight to get a fair deal for the Indian producers and exporters and nobody is complacent about CBAM."

Piyush Goyal noted that CBAM would translate into a 20-35 per cent tax on select imports into the European Union starting January 1, 2026.

According to official data, 26.6 per cent of India's iron ore pellets, iron, steel, and aluminium product exports go to the European Union. In 2023, the export of these products to the EU was worth US$7.4 billion.

Mr Goyal stated, "We will always find innovative solutions but I can assure you that India will not be accepting unfair taxes or levies being put on the Indian steel or aluminum industry or any other industry. Let us not be scared of it and find solutions which will be to our advantage going forward."

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